Wall Street kicked off the week with a muted performance as the S&P 500 struggled once again to reach its February record.
Archiv für den Monat: August 2020
Walmart second-quarter results crush estimates, as e-commerce sales jump 97%
Walmart’s e-commerce sales in the U.S. shot up by 97% as customers had packages shipped their homes and used curbside pickup.
Home Depot quarterly sales soar 23% as consumers take on more DIY projects in pandemic
Home Depot’s profit and U.S. same-store sales soared 25% in the quarter as consumers visited the retailer more and spent more money.
Kohl’s paints grim picture of holiday shopping as pandemic hits sales, shares slide
Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts were fearing.
ForexLive European FX news wrap: Dollar slips further in quiet trading
Forex news from the European trading session – 18 August 2020
Headlines:
Markets:
– GBP leads, USD lags on the day
– European equities higher; E-minis up 0.2%
Headlines:
Markets:
– GBP leads, USD lags on the day
– European equities higher; E-minis up 0.2%
Stocks creep back higher on the session, pressure on the dollar remains
European stocks back in the green now
European indices are now in positive territory after a softer start, but I would argue that the risk mood remains more tepid for the time being with US futures seen up by ~0.1% and generally little changed for the most part.
European indices are now in positive territory after a softer start, but I would argue that the risk mood remains more tepid for the time being with US futures seen up by ~0.1% and generally little changed for the most part.
ECB’s de Guindos: European banks unlikely to fully recover before 2022
ECB vice president, Luis de Guindos, remarks
– European banks not likely to recover from the virus crisis before 2022
– The recovery of the Eurozone economy will be a vital factor in banks‘ solvency
He’s not really touching on anything important in his lecture today, but the ECB in general doesn’t have much to offer as they
– European banks not likely to recover from the virus crisis before 2022
– The recovery of the Eurozone economy will be a vital factor in banks‘ solvency
He’s not really touching on anything important in his lecture today, but the ECB in general doesn’t have much to offer as they
Dollar remains in a precarious spot so far on the session
The dollar looks vulnerable to a further drop
That is pushing dollar pairs to near its recent extremes with EUR/USD testing a break above 1.1900 again – a level that has capped upside over the past three weeks.
That is pushing dollar pairs to near its recent extremes with EUR/USD testing a break above 1.1900 again – a level that has capped upside over the past three weeks.
It is no longer a ‚bear market rally‘ – BofA August fund manager survey
The latest BofA fund manager survey results are out
I think the sentiment that this was a bear market rally has died quite a while back. The fact that the Nasdaq is making record highs and the S&P 500 itself is close to its own all-time highs is continuing to put that argument to rest –
I think the sentiment that this was a bear market rally has died quite a while back. The fact that the Nasdaq is making record highs and the S&P 500 itself is close to its own all-time highs is continuing to put that argument to rest –